Niocorp Developments Ltd (NB)

[Landmark8211111]

Yes I remember that article - here it is:


Write up from Germany.$116.00 CA target.
Can put in a translate for English

http://www.godmode-trader.de/artikel/andr-tiedje-kursziel-116,4565939

In recent years, the market is increasingly degenerated into a plaything of the political actors. Looking at the current situation in Europe, the forthcoming state elections in three provinces and in the wake of becoming ever more oppressive problems of our overdraft monetary system, it is expected that this trend will accelerate massively.

We announced these developments at this point many years ago and commented in detail repeatedly. But the individual will do against the looming misery little. Therefore, it is probably more sensible to find solutions rather than constantly draw attention to the escalating problems. Ultimately, they consume a lot of nerves and brings nothing.

For this reason, we deal in anti-cyclical market letter for some time reinforced with the theme "Sustainable Investing". Here we present to our readers companies whose products make our world a little bit better.

This can be renewable energy, optimizing company, the production processes from an ecological perspective, the manufacturer, or the general attention to ethical and sustainable approach to their business. There is a whole range of companies that we observe in this regard. And there are more and more...

Some time ago was in this connection on the Canadian NioCorp Developments (NB.TO) noticed. Regular readers of our comments will remember. In my personal opinion, the small group to one of the most promising commodity investments is among the world.
Given a few key data:

NioCorp is in the process of Elk Creek to develop the only niobium deposits in the United States. Morgan Stanley and Credit Suisse are the Canadians aside to finance the project in full. In the Vergangenweit the company's managers had accessed massively again in own shares - a very important point.

But what is so interesting on niobium and what does it have in this connection with "Responsible Investing" all about?

Even at very low concentrations, the mineral increase the strength of steel significantly. A pleasant side effect: Stainless steel is so much easier. Of particular importance, this is in the automotive industry. Here can be a midsize car with addition of niobium worth only 9.00 US dollars to around 100 kilograms slim. This results in fuel savings of around five percent.

So to speak, "on the side" were also found in Elk Creek significant amounts of scandium. In the production of aluminum so that similar effects are achieved as in the steel production by Niobium: Using scandium aluminum is significantly lighter. One thinks here of possible fuel savings through lighter aircraft ....

Photo: Airbus

The figures presented some time ago to Elk Creek are noteworthy:

A recent study is based on a net present value (NPV) of the project in the amount of 3.07 billion US dollars. After taxes, the NPV calculated in the amount of 2.3 billion US dollars. The annual cash flow is estimated at 438 million US dollars. The latest figures are a blatant improvement on previous data. In May last year, it was assumed that a NPV of around 1.1 billion US dollars and an annual cash flow of 178 million US dollars. Current market value of NioCorp: 134 million Canadian dollar ...

But that's not all: So far, the United States must import niobium to 100 percent. With Elk Creek that could change ...

And here comes now the mentioned in the heading André Tiedje into play.

Because we come in spite of completely different analysis repeatedly to very similar estimates, I had André asked to the value once to look a little closer.

I can reveal that the colleague was very excited when he told me about his wave count. The result is shown in the following chart.

At one point, our Elliott wave expert is certain, and I quote: "NioCorp is three digits, clearly". Specifically goes André Tiedje for our small commodity gem of a target price in the range of 116 CAN dollars. Closing price on Friday night: 0.80 CAN Dollars. If I counted correctly, would be around 1.4 million euros in a few years from an investment amounting to EUR 10,000 in case of success. This coincides approximately with the performance of the legendary US index Traders, the responsible André.

The Striking, however: On the fundamental aspects one comes to similar conclusions and price targets.

This leads us to our final note: Because it André Tiedje and makes me always a pleasure to combine our strategies together, we are about to develop a concept for cooperation. Perhaps can be together still more beads as track these small NioCorp.